Net Return Asset Management Llc
- Regulatory AUM
- $803M
- Discretionary
- $803M
- Clients
- 3
- Avg AUM / client
- $268M
- Accounts
- 3
- Employees
- 3
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $803M | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $588M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Nrma Offshore Fund, Ltd. feeder | Hedge Fund | Cayman Islands | $304M | 38 |
| Net Return Fund, Ltd. | Hedge Fund | Cayman Islands | $184M | 70 |
| Net Return Fund, Lp | Hedge Fund | Delaware | $99.3M | 74 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Crespi, Neil, Steven | Managing Member | Jan 2006 (21y) | 50% – 75% | |
| Yanis, Steven, Robert | Managing Member | Jan 2006 (21y) | 50% – 75% | |
| Chan, Robyn, Kuan Van | Chief Compliance Officer; Controller | Jun 2015 (11y) | Less than 5% |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $588M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Nrma Offshore Fund, Ltd. | Hedge Fund | $304M | $1.0M | 38 |
| Net Return Fund, Ltd. | Hedge Fund | $184M | $1.0M | 70 |
| Net Return Fund, Lp | Hedge Fund | $99.3M | $1.0M | 74 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.71 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗